STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Johan Carlström, President and Chief Executive Officer of FPC (STO:FINGB), comments as follows: “In view of the media discussion that has been under way for some time and in order to facilitate transparency for current and forthcoming investors, I have earlier made the active decision to report my previous purchases of FPC shares to the insider register of the Swedish Financial Supervisory Authority (FI) regardless of whether the shares are held via direct ownership, occupational pension or any other alternative form of ownership. FI has indicated, despite a proposal concerning a forthcoming legal amendment, that what I have done is formally wrong and they will therefore correct my holding in the insider register effective 3 p.m. CET today. However, my holding continues to amount to the 810,247 Class B shares that I have previously reported to FI. In addition to the Class B shares, I also own 670,400 Class A shares via Sunfloro AB and 2,808,000 warrants with exercise in 2014 and 2015.
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual’s unique fingerprint verify the person’s identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC’s technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company’s technology can also be used in IT and Internet security, access control, etc.
Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980). The information was issued for publication at 2 p.m. CET, on September 16, 2013. Important information Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any of the company’s securities in any jurisdiction.
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